ID :
95576
Fri, 12/18/2009 - 10:53
Auther :

S. Korean LED street lamp company poised to make inroads into Europe

COPENHAGEN, Dec. 17 (Yonhap) -- A South Korean street lamp firm is poised to make inroads into Europe's large street lamp market, the company's president said Thursday.

Kim Pyung-kyu told reporters in Copenhagen that the company's energy efficient
light emitting diode (LED) street lamps have been set up in a Danish town, while
tests are underway in Belgium, which has the potential to become a sizable future
market. Interest has also been shown in Finland and France, he added.
"The street lamps set up in Taastrup was selected because they showed superior
qualities," the head of Amoluxe Co. said. He pointed out that Denmark is a leader
in terms of hightech "green" technology such as solar cells and wind power
generation, and for the country to select a Korean-made LED street lamp for
everyday use is testament to the product's overall quality.
LEDs, due to their energy efficiency and long product life, are widely considered
as an eco-friendly product.
Kim added that one reason why Denmark opted to buy the Amoluxe lamps is because
of advanced tests underway in neighboring Belgium.
Without going into details, the executive said the locally made lamp has been
highly rated in tests conducted over the past year. Other lamps tested were those
made by such established makers like Innolumis, Light International, Indal and
Ruud Light and a Chinese manufacturer.
"We have been told that the Amoluxe lamp ranked in the top three with the
organization in charge of testing giving high marks for energy efficiency, light
distribution, overall systems control and other product aspects," the executive
said. The final winner of the Belgium bid is to be decided late next year.
He said that if the company secures the deal, it will be in a good position to
win more orders in Europe, and the rest of the world. In the street lamp business
actual operations are a deciding factor in selection.
An LED street lamp usually costs 1 million won (US$848) with the global market
estimated to reach 250 trillion won. Belgium is estimated to have around 3
million lamps that can be changed in the coming years.
Kim, meanwhile, said senior South Korean attending the United Nations Climate
Change Conference in the Danish capital visited Taastrup to see the lamps.
yonngong@yna.co.kr
(END)

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